Peru Molybdenum Ore HS2613 Export Data 2025 June Overview

Peru Molybdenum Ore (HS 2613) 2025 June Export: Key Takeaways

Peru's Molybdenum Ore (HS Code 2613) exports in June 2025 show Chile as the dominant buyer, capturing 47.5% of volume and 51.9% of value, signaling higher-grade ore shipments at $25.31/kg. The market remains concentrated, with Chile and China accounting for over 70% of trade, while the US and others form a secondary cluster. Exporters should prioritize Chile's premium market while monitoring US tariff policies, leveraging free trade agreements for stability. This analysis covers June 2025 and is based on verified Customs data from the yTrade database.

Peru Molybdenum Ore (HS 2613) 2025 June Export Background

Peru's Molybdenum Ore (HS Code 2613), covering molybdenum ores and concentrates, is critical for steel alloys and electronics, with steady global demand. Despite a 10% U.S. tariff on Peruvian imports since April 2025, copper and molybdenum concentrates remain exempt, preserving Peru's role as a top exporter under HS Code 2613 [EY]. For June 2025, Peru's exports benefit from FTA preferences and simplified customs rules, reinforcing its dominance in this high-value trade flow.

Peru Molybdenum Ore (HS 2613) 2025 June Export: Trend Summary

Key Observations

In June 2025, Peru's Molybdenum Ore exports under HS Code 2613 saw a sharp price increase to 23.19 USD/kg, the highest monthly rate this year, while volume dropped significantly to 7.26 million kg, indicating a supply-demand imbalance.

Price and Volume Dynamics

Month-over-month, the unit price rose by 14.5% from May's 20.26 USD/kg, but volume fell by 34%, suggesting tightened supply or inventory drawdowns typical in industrial metal cycles. Year-to-date, price volatility reflects seasonal demand fluctuations in global steel production, where molybdenum is key for alloys, often leading to periodic stock adjustments.

External Context and Outlook

The US imposition of a 10% baseline tariff on Peruvian imports in April 2025 [EY] created trade uncertainty, though molybdenum is exempt as a critical mineral (EY). Combined with Peru's leading export role [Volza] and emerging climate-related trade measures [IDB], these factors may sustain price pressures while volume remains constrained by regulatory and market shifts.

Peru Molybdenum Ore (HS 2613) 2025 June Export: HS Code Breakdown

Product Specialization and Concentration

For Peru Molybdenum Ore HS Code 2613 Export in 2025 June, the market is entirely dominated by a single sub-code, 2613900000, which covers unroasted molybdenum ores and concentrates. This sub-code accounts for 100% of export value, weight, and frequency, with a unit price of 23.19 US dollars per kilogram, indicating no price anomalies or diversification within this code.

Value-Chain Structure and Grade Analysis

The sole product under this code is an unprocessed, bulk commodity form of molybdenum ore, specifically concentrates that have not been roasted. This suggests a low value-add stage typical of raw mineral exports, where products are fungible and often priced against global commodity indices rather than being differentiated by brand or advanced processing.

Strategic Implication and Pricing Power

Peru's export structure for molybdenum ore under HS Code 2613 in June 2025 implies strong pricing power due to high concentration and commodity nature. [FreightAmigo] notes that US-Peru trade agreements support exports, and with US tariffs exempting critical minerals like molybdenum (FreightAmigo), Peru can leverage its dominant position for stable or favorable trade terms, focusing on maintaining quality and volume to meet international demand.

Check Detailed HS 2613 Breakdown

Peru Molybdenum Ore (HS 2613) 2025 June Export: Market Concentration

Geographic Concentration and Dominant Role

For Peru Molybdenum Ore HS Code 2613 Export in 2025 June, CHILE is the dominant importer with 47.51% of weight and 51.86% of value, indicating a higher unit price around 25.31 USD/kg, which suggests Chile receives higher-grade ore compared to other markets.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: Chile and China account for over 70% of weight, likely due to geographic proximity and established mining trade routes. The United States, Netherlands, and South Korea form a secondary cluster with lower shares, possibly driven by industrial demand for specific ore qualities or diversification needs.

Forward Strategy and Supply Chain Implications

Exporters should prioritize high-value markets like Chile while monitoring US tariff policies, as the US imposed a 10% baseline tariff but exempts critical minerals like molybdenum [EY]. Leveraging free trade agreements and ensuring SUNAT compliance will be key for maintaining supply chain stability in 2025.

Get Complete Partner Countries Profile

Peru Molybdenum Ore (HS 2613) 2025 June Export: Buyer Cluster

Buyer Market Concentration and Dominance

For the Peru Molybdenum Ore Export in June 2025 under HS Code 2613, the buyer market is highly concentrated among four segments of buyers. Buyers who make large and frequent purchases dominate, accounting for 84.65% of the export value. These buyers handled 42 shipments totaling 5.89 million units in June, showing a market driven by consistent, high-volume transactions. The low value, low frequency buyers contributed only 15.35% of the value with 10 shipments, indicating that the majority of trade is controlled by a few key players with regular engagement.

Strategic Buyer Clusters and Trade Role

The low value, low frequency buyers, such as Compañia Minera Antamina S.A and Anglo American Marketing Peru S.A, represent smaller, occasional purchases, making up about 18.86% of the quantity. The absence of buyers with high value but low frequency or low value but high frequency suggests that in this commodity market, companies either commit to substantial, regular orders or smaller, infrequent deals, with no middle ground for irregular large purchases or frequent small ones. This pattern reflects the nature of bulk mineral exports, where long-term contracts and spot buying are the primary modes.

Sales Strategy and Vulnerability

For Peruvian exporters, the strategy should prioritize maintaining strong relationships with the dominant large and frequent buyers to ensure stable revenue. The heavy reliance on these buyers poses a risk if their demand decreases, but the US tariff exemption for critical minerals like molybdenum, as reported by [EY Global], offers a supportive trade environment. Sales should focus on securing multi-year contracts to mitigate volatility, leveraging Peru's position as a leading global exporter in this sector.

Check Full Molybdenum Ore Buyer lists

Peru Molybdenum Ore (HS 2613) 2025 June Export: Action Plan for Molybdenum Ore Market Expansion

Strategic Supply Chain Overview

The Peru Molybdenum Ore Export 2025 June under HS Code 2613 operates as a classic bulk commodity market. Price is driven by ore grade quality and alignment with global molybdenum indices, not product differentiation. Chile pays a premium for higher-grade shipments, confirming quality-based pricing. Supply chain implications center on Peru's role as a raw material supplier to processing hubs like China and Chile. Heavy reliance on a few high-volume buyers creates vulnerability but is offset by stable, long-term contracts. The US tariff exemption for critical minerals supports trade stability.

Action Plan: Data-Driven Steps for Molybdenum Ore Market Execution

• Negotiate contracts using shipment frequency data to lock in volume commitments with top buyers. This ensures revenue stability and reduces exposure to spot market price swings.
• Analyze unit price differentials by destination to prioritize higher-value markets like Chile. This maximizes returns by directing better-grade ore to buyers paying premium prices.
• Monitor buyer purchase cycles to anticipate demand shifts and adjust production schedules. This prevents inventory overstock or shortages, optimizing operational efficiency.
• Leverage trade agreement compliance data (like US critical mineral exemptions) to maintain tariff-free access. This protects profit margins and ensures competitive advantage in key markets.

Take Action Now —— Explore Peru Molybdenum Ore Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Molybdenum Ore Export 2025 June?

The sharp 14.5% price increase to 23.19 USD/kg alongside a 34% volume drop reflects a supply-demand imbalance, likely due to tightened supply or inventory adjustments in global steel production cycles.

Q2. Who are the main partner countries in this Peru Molybdenum Ore Export 2025 June?

Chile dominates with 51.86% of export value, followed by China, while the US, Netherlands, and South Korea form a secondary cluster with smaller shares.

Q3. Why does the unit price differ across Peru Molybdenum Ore Export 2025 June partner countries?

Chile’s higher unit price (25.31 USD/kg) suggests it receives higher-grade unroasted concentrates (HS 2613900000), while other markets may get standard bulk commodity ore.

Q4. What should exporters in Peru focus on in the current Molybdenum Ore export market?

Prioritize securing long-term contracts with high-volume buyers (84.65% of value) and leverage Chile’s high-value demand while monitoring US tariff exemptions for critical minerals.

Q5. What does this Peru Molybdenum Ore export pattern mean for buyers in partner countries?

Buyers in Chile and China benefit from stable, high-volume supply, but smaller buyers face reliance on sporadic shipments, requiring flexibility in procurement strategies.

Q6. How is Molybdenum Ore typically used in this trade flow?

The unroasted concentrates (HS 2613900000) are primarily used in steel alloy production, reflecting Peru’s role as a raw material supplier in global industrial chains.